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9 December 2021
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Bitcoin

Bitcoin Price Prediction: BTC/USD readies itself for weekend push to $10,000 – Confluence Detector

  • BTC/USD bulls took charge of the market in the early hours of Saturday.
  • BTC/USD has one healthy support level at $9,525. 

BTC/USD daily confluence detector

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BTC/USD went up from $9,551.0 to $9,570. The daily confluence detector shows a lack of strong resistance level, so more price growth is expected. There is clear back to $10,000, so a return to those levels isn’t completely out of the blue. On the downside, there is a healthy support level at $9,525

This level has the one-day SMA 5, one-week Fibonacci 38.2% retracement level, one-day Pivot Point support-one, and one day Previous Low.

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